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What Are the Two General Classifications of Split-Phase Motors Used

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What are the two general classifications of split-phase motors used in the HVAC industry?


Definitions:

Assets

Economic resources owned by a business or individual that are expected to provide future benefits.

Dividends

Dividends are payments made by a corporation to its shareholders, typically out of its profits, as a distribution of earnings.

Net Income

The remaining earnings of a business after subtracting all expenditures and taxes from its total income.

Financial Position

A snapshot of a company's assets, liabilities, and equity at a specific point in time, indicating the financial health and stability of the entity.

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